1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dmitriy789 [7]
4 years ago
9

What is scarcity, and how does it affect supply and demand in the game of economics?

Business
2 answers:
suter [353]4 years ago
7 0
<span>If something is scares the supply goes up and the price


</span>
Vladimir [108]4 years ago
6 0
It means that there is not much of it. It's demand will skyrocket because it becomes valuable. Example: There aren't many diamonds in the world, it's a nonrenewable resource, and because it's rare, it's valuable. Having less of something makes it rare.<span />
You might be interested in
Xena and xavier form the xx llc. xena contributes cash of $20,000, land (basis = $40,000; fair market value = $25,000), equipmen
brilliants [131]

Answer: $0 equipment, $20,000 land, $30,000 inventory, $90,000 partnership interest.

Explanation: The asset basis in the partnership between Xena and Xavier is the same same their basis. In the scenario above, Xena's basis is the same as Xena's partnership basis in asset.

Xena's asset basis include;

Cash = $20,000

Land basis = $40,000

Inventory basis = $30,000

Equipment basis = $0

Therefore Xena's basis in the partnership interest :

$(20,000 + 40,000 + 30,000 + 0) = $90,000

4 0
4 years ago
Scott and his partner, Greg, have decided to update their computer network, although they have no expertise in this area. During
daser333 [38]

Answer:

d. rational decision making

Explanation:

Rational decision making -

It refers to using the proper thought process during the act of decision making , is referred to as rational decision making .

The method supports in the decision making , it makes the use of knowledge and information in a very proper manner .

This method is employed during making a very high value decision .

Hence , from the given scenario of the question ,

The correct answer is  d. rational decision making .

5 0
4 years ago
A law used to finance public services, such as waste treatment plants, parks, and schools, in newly developed areas, can result
Troyanec [42]

The law is  Mello-Roos Community Facilities Act of 1982.

Senator Henry Mello and the Assemblyman Mike Roos worked together in order to enact the "Mello-Roos Community Facilities Act of 1982," which authorized local governments and the  developers to form Community Facilities Districts (CFDs) to issue tax-exempt bonds to fund public works.

The Mello-Roos Community Facilities Act of 1982 is a statute that is used to finance public services in newly built regions, such as waste treatment facilities, parks, and schools. This might result in additional taxes on top of the regular property taxes and must be disclosed to any buyer prior to the acquisition.

Therefore, the answer is Mello-Roos Community Facilities Act of 1982.

To know more about Mello-Roos Community Facilities Act of 1982 click here:

brainly.com/question/14307203

#SPJ4

4 0
2 years ago
you are planning to make monthly deposits of $140 into a retirement account that pays 13 percent interest compounded monthly. If
VashaNatasha [74]

Answer:

FV= $314,365.69

Explanation:

Giving the following information:

Monthly deposti= $140

Number of months= 25*12= 300

Interest rate= 0.13/12= 0.01083

<u>To calculate the future value of the investment, we need to use the following formula:</u>

<u></u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {140*[(1.01083^300) - 1]} / 0.01083

FV= $314,365.69

7 0
3 years ago
Dorothea dix devoted her life to the cause of temperance, founding the american temperance organization.
Law Incorporation [45]

The statement is false.

Dorothea Dix devoted her life to the cause of temperance, founding the American temperance organization.

Temperance in its modern use is defined as moderation or voluntary self-restraint. it's far commonly defined in terms of what a person voluntarily refrains from doing

Temperance is described as displaying restraint in ingesting or consuming, particularly averting alcohol. An instance of temperance is when you refrain from ingesting any alcohol.

The Bible defines temperance as “Emotional restraint. Whoever is gradual to anger has outstanding expertise however the person who has a hasty mood exalts folly.” (Folly is someone who does not appreciate God.) Daniel is a superb example of a person with temperance.

Learn more about temperance here brainly.com/question/2724002

#SPJ4

7 0
1 year ago
Other questions:
  • One motivational formula will not work for all employees true or false
    11·1 answer
  • Yet a fever, when allowed to run its course, is actually ____________ .
    8·1 answer
  • If the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium pri
    6·1 answer
  • The reasons why a company opts to expand outside its home market include all of the following EXCEPT:
    5·1 answer
  • Natalle's parents keep pushing her to find a job, but she has not had much luck. She spends her time searching the Internet for
    8·1 answer
  • A company has already incurred $5,600 of costs in producing 6,050 units of Product XY. Product XY can be sold as is for $27 per
    9·1 answer
  • The stock price of Baskett Co. is $53.40. Investors require a return of 12 percent on similar stocks. If the company plans to pa
    6·1 answer
  • Units: Beginning Inventory: 34,000 units, 55% complete as to conversion. Units started and completed: 128,000. Units completed a
    14·1 answer
  • Categorize the statements according to whether they promote economic growth or inhibit economic growth. Promote economic growth
    15·1 answer
  • In an automobile manufacturing plant, the assembly-line workers are classified as.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!